Taxes less subsidies on products in Maldives
Maldives: Taxes less subsidies on products was 12.05 billion constant LCU in 2025. ▲ Rising
Taxes less subsidies on products in Maldives, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Maldives recorded 12.05 billion constant LCU for taxes less subsidies on products in 2025. That is the highest value across all 31 years on record.
That represents a change of up 11.8% on the previous year and up 40.3% over ten years.
Over the whole period, taxes less subsidies on products in Maldives peaked at 12.05 billion constant LCU in 2025 and was at its lowest, 2.89 billion constant LCU, in 1995.
Maldives ranks 112th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Taxes less subsidies on products in Maldives, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1995 | 2.89 billion constant LCU | — |
| 1996 | 3.25 billion constant LCU | +12.7% |
| 1997 | 3.59 billion constant LCU | +10.2% |
| 1998 | 3.80 billion constant LCU | +5.9% |
| 1999 | 4.09 billion constant LCU | +7.8% |
| 2000 | 4.27 billion constant LCU | +4.2% |
| 2001 | 4.22 billion constant LCU | -1.0% |
| 2002 | 4.44 billion constant LCU | +5.3% |
| 2003 | 4.83 billion constant LCU | +8.6% |
| 2004 | 5.29 billion constant LCU | +9.7% |
| 2005 | 3.87 billion constant LCU | -26.9% |
| 2006 | 5.52 billion constant LCU | +42.8% |
| 2007 | 5.99 billion constant LCU | +8.5% |
| 2008 | 6.60 billion constant LCU | +10.3% |
| 2009 | 5.42 billion constant LCU | -18.0% |
| 2010 | 6.25 billion constant LCU | +15.4% |
| 2011 | 7.58 billion constant LCU | +21.2% |
| 2012 | 7.74 billion constant LCU | +2.2% |
| 2013 | 8.37 billion constant LCU | +8.0% |
| 2014 | 9.00 billion constant LCU | +7.6% |
| 2015 | 8.59 billion constant LCU | -4.6% |
| 2016 | 8.84 billion constant LCU | +2.9% |
| 2017 | 9.51 billion constant LCU | +7.7% |
| 2018 | 10.22 billion constant LCU | +7.5% |
| 2019 | 10.83 billion constant LCU | +6.0% |
| 2020 | 5.07 billion constant LCU | -53.2% |
| 2021 | 9.15 billion constant LCU | +80.5% |
| 2022 | 10.07 billion constant LCU | +10.0% |
| 2023 | 10.68 billion constant LCU | +6.1% |
| 2024 | 10.78 billion constant LCU | +0.9% |
| 2025 | 12.05 billion constant LCU | +11.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.52 billion constant LCU | 2.89 billion constant LCU | 4.09 billion constant LCU | 5 |
| 2000s | 5.04 billion constant LCU | 3.87 billion constant LCU | 6.60 billion constant LCU | 10 |
| 2010s | 8.69 billion constant LCU | 6.25 billion constant LCU | 10.83 billion constant LCU | 10 |
| 2020s | 9.63 billion constant LCU | 5.07 billion constant LCU | 12.05 billion constant LCU | 6 |
Countries ranked near Maldives
More economy & growth data for Maldives
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- Industry (including construction), value added (constant 2015 US$) 7.77 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.0722 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 1,055 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 7.77 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 1.15 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 16,757 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 6.22 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6986 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products in Maldives?
- Taxes less subsidies on products in Maldives was 12.05 billion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Maldives?
- The highest recorded value was 12.05 billion constant LCU in 2025.
- What is the lowest taxes less subsidies on products recorded in Maldives?
- The lowest recorded value was 2.89 billion constant LCU in 1995.
- How does Maldives rank for taxes less subsidies on products?
- Maldives ranks 112th out of 187 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Maldives?
- Over the last ten years it is up 40.3%. The long-run trend across the full record is rising.
- Where does this Maldives data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (constant LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.